Businesses and consumers still expect inflation to remain above 2% until at least 2025
Worse than expected stress in U.S. financial sector could weigh on sovereign, Moody's says
Deputy governor Toni Gravelle said global banks are more resilient today than they were 15 years ago
Systemic stress looks contained, but interest rate outlook has shifted, TD says
Bank failures led to the largest growth in non-deposit borrowing on record
Inflation remains elevated, bank failures likely to “weigh on economic activity”
The 5.2% reading in February marked the largest deceleration since April 2020
Most economists think the Fed will raise rates by a quarter-point on Wednesday
Strategists take a defensive portfolio stance
Fed's next move comes into question as uncertainty intensifies